Research Analysts Issue Forecasts for EWBC FY2025 Earnings

East West Bancorp, Inc. (NASDAQ:EWBC - Free Report) - DA Davidson boosted their FY2025 earnings estimates for shares of East West Bancorp in a report released on Thursday, April 24th. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings per share of $8.76 for the year, up from their prior estimate of $8.60. DA Davidson has a "Buy" rating and a $100.00 price target on the stock. The consensus estimate for East West Bancorp's current full-year earnings is $8.85 per share. DA Davidson also issued estimates for East West Bancorp's FY2026 earnings at $9.58 EPS.

Several other equities analysts have also recently commented on EWBC. Barclays boosted their price target on shares of East West Bancorp from $105.00 to $110.00 and gave the company an "overweight" rating in a report on Wednesday, April 23rd. StockNews.com lowered East West Bancorp from a "hold" rating to a "sell" rating in a research report on Friday, March 28th. Morgan Stanley cut East West Bancorp from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $118.00 to $90.00 in a research note on Monday, April 7th. Piper Sandler cut their price objective on shares of East West Bancorp from $100.00 to $97.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Finally, Wells Fargo & Company dropped their price target on shares of East West Bancorp from $120.00 to $100.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, East West Bancorp presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.46.

East West Bancorp Stock Up 2.8 %

EWBC traded up $2.45 on Monday, reaching $88.72. 72,061 shares of the company traded hands, compared to its average volume of 923,806. The company has a market cap of $12.28 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.29 and a beta of 0.90. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.91 and a quick ratio of 0.92. The stock's 50 day moving average price is $84.63 and its 200-day moving average price is $94.78. East West Bancorp has a 52-week low of $68.27 and a 52-week high of $113.95.

East West Bancorp (NASDAQ:EWBC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $2.09 EPS for the quarter, topping analysts' consensus estimates of $2.05 by $0.04. The firm had revenue of $693.00 million during the quarter, compared to analyst estimates of $673.02 million. East West Bancorp had a return on equity of 15.71% and a net margin of 25.73%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EWBC. Louisiana State Employees Retirement System boosted its stake in East West Bancorp by 0.3% in the fourth quarter. Louisiana State Employees Retirement System now owns 38,500 shares of the financial services provider's stock worth $3,687,000 after purchasing an additional 100 shares in the last quarter. Jones Financial Companies Lllp increased its position in East West Bancorp by 4.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,336 shares of the financial services provider's stock valued at $224,000 after acquiring an additional 100 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of East West Bancorp by 1.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,777 shares of the financial services provider's stock worth $1,128,000 after acquiring an additional 128 shares during the last quarter. Arizona State Retirement System lifted its position in shares of East West Bancorp by 0.3% during the fourth quarter. Arizona State Retirement System now owns 40,196 shares of the financial services provider's stock worth $3,849,000 after purchasing an additional 130 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of East West Bancorp by 3.8% during the fourth quarter. Blue Trust Inc. now owns 3,583 shares of the financial services provider's stock valued at $343,000 after purchasing an additional 132 shares during the last quarter. 89.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at East West Bancorp

In related news, CEO Dominic Ng sold 20,181 shares of the company's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $90.01, for a total value of $1,816,491.81. Following the sale, the chief executive officer now owns 988,133 shares of the company's stock, valued at $88,941,851.33. The trade was a 2.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 60,181 shares of company stock valued at $5,416,694 in the last ninety days. Company insiders own 1.04% of the company's stock.

East West Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, May 2nd will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Friday, May 2nd. East West Bancorp's payout ratio is currently 28.64%.

About East West Bancorp

East West Bancorp, Inc operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States. The company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other.